Ludwig von Mises: "Monetary calculation and cost accounting constitute the most important intellectual tool of the capitalist entrepreneur, and it was no one less than Goethe who pronounced the system of double-entry bookkeeping one of the finest inventions of the human mind." - Liberalism
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|Ludwig von Mises||Under an unhampered market economy the appraisal of each individuals effort is detached from any personal considerations and can therefore be free both from bias and dislike. The market passes judgment on the products, not on the producers.||Bureaucracy|| p. 38||Prejudice